Average sale price of office real estate in China 2013-2023

Published by
Wenyi Zhang,
Nov 17, 2024

In 2023, the average cost of office properties in China amounted to almost 14 thousand yuan per square meter. The price increased steeply since 2003 when the average price was below 4,200 yuan per square meter. However, the price rises in office properties did not match the dramatic development of the residential housing market, where average prices increased around 400 percent since 2000.

Average sale price of office real estate in China between 2013 and 2023 (in yuan per square meter)

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Release date

October 2024

Region

China

Survey time period

2013 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of November 2024).

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